Home › Forums › Financial Markets/Economics › NPR: “Offshore Tax Havens”
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March 21, 2011 at 9:12 PM #680546March 21, 2011 at 9:20 PM #679396
sdduuuude
ParticipantIt is not clear to me how offshore tax havens make it OK for public unions to gouge taxpayers.
Nor is it clear to me how public unions gauging taxpayers (not only through salary, but pensions, also) make it OK for the government to bail out wall street.
It is stupid to be upset about one and not the other. It is a foolish discussion to say which is worse, and even more foolish to say one is OK while the other is not.
As far as I can tell, the companies who avoid taxes are just following the rules that are set up by they lawmakers. Again – the lawmakers’ fault. Not only do they make loopholes so that companies can avoid tax, but they borrow and spend while doing it, making the individual taxpayer burden worse and wors.
In either case, the government is funnelling too much of the taxpayers money to someone who shouldn’t have it.
March 21, 2011 at 9:20 PM #679450ParticipantIt is not clear to me how offshore tax havens make it OK for public unions to gouge taxpayers.
Nor is it clear to me how public unions gauging taxpayers (not only through salary, but pensions, also) make it OK for the government to bail out wall street.
It is stupid to be upset about one and not the other. It is a foolish discussion to say which is worse, and even more foolish to say one is OK while the other is not.
As far as I can tell, the companies who avoid taxes are just following the rules that are set up by they lawmakers. Again – the lawmakers’ fault. Not only do they make loopholes so that companies can avoid tax, but they borrow and spend while doing it, making the individual taxpayer burden worse and wors.
In either case, the government is funnelling too much of the taxpayers money to someone who shouldn’t have it.
March 21, 2011 at 9:20 PM #680063ParticipantIt is not clear to me how offshore tax havens make it OK for public unions to gouge taxpayers.
Nor is it clear to me how public unions gauging taxpayers (not only through salary, but pensions, also) make it OK for the government to bail out wall street.
It is stupid to be upset about one and not the other. It is a foolish discussion to say which is worse, and even more foolish to say one is OK while the other is not.
As far as I can tell, the companies who avoid taxes are just following the rules that are set up by they lawmakers. Again – the lawmakers’ fault. Not only do they make loopholes so that companies can avoid tax, but they borrow and spend while doing it, making the individual taxpayer burden worse and wors.
In either case, the government is funnelling too much of the taxpayers money to someone who shouldn’t have it.
March 21, 2011 at 9:20 PM #680201ParticipantIt is not clear to me how offshore tax havens make it OK for public unions to gouge taxpayers.
Nor is it clear to me how public unions gauging taxpayers (not only through salary, but pensions, also) make it OK for the government to bail out wall street.
It is stupid to be upset about one and not the other. It is a foolish discussion to say which is worse, and even more foolish to say one is OK while the other is not.
As far as I can tell, the companies who avoid taxes are just following the rules that are set up by they lawmakers. Again – the lawmakers’ fault. Not only do they make loopholes so that companies can avoid tax, but they borrow and spend while doing it, making the individual taxpayer burden worse and wors.
In either case, the government is funnelling too much of the taxpayers money to someone who shouldn’t have it.
March 21, 2011 at 9:20 PM #680551ParticipantIt is not clear to me how offshore tax havens make it OK for public unions to gouge taxpayers.
Nor is it clear to me how public unions gauging taxpayers (not only through salary, but pensions, also) make it OK for the government to bail out wall street.
It is stupid to be upset about one and not the other. It is a foolish discussion to say which is worse, and even more foolish to say one is OK while the other is not.
As far as I can tell, the companies who avoid taxes are just following the rules that are set up by they lawmakers. Again – the lawmakers’ fault. Not only do they make loopholes so that companies can avoid tax, but they borrow and spend while doing it, making the individual taxpayer burden worse and wors.
In either case, the government is funnelling too much of the taxpayers money to someone who shouldn’t have it.
March 22, 2011 at 7:41 AM #679466blahblahblah
ParticipantBitching about unions while the country is being gang-raped by corporate and financial interests is like complaining about mosquitoes while being eaten by a bear.
March 22, 2011 at 7:41 AM #679517ParticipantBitching about unions while the country is being gang-raped by corporate and financial interests is like complaining about mosquitoes while being eaten by a bear.
March 22, 2011 at 7:41 AM #680133ParticipantBitching about unions while the country is being gang-raped by corporate and financial interests is like complaining about mosquitoes while being eaten by a bear.
March 22, 2011 at 7:41 AM #680271ParticipantBitching about unions while the country is being gang-raped by corporate and financial interests is like complaining about mosquitoes while being eaten by a bear.
March 22, 2011 at 7:41 AM #680621ParticipantBitching about unions while the country is being gang-raped by corporate and financial interests is like complaining about mosquitoes while being eaten by a bear.
March 22, 2011 at 8:13 AM #679471UCGal
Participant[quote=CONCHO]Bitching about unions while the country is being gang-raped by corporate and financial interests is like complaining about mosquitoes while being eaten by a bear.[/quote]
I agree.
And on the topic of pensions… I’ve never worked public sector except an internship with the Nat’l weather service electronics tech shop one summer, while in college. Non-union. I’ve never been a union employee. That said – I had full, defined benefit pension with my private sector employer until we were acquired by another private sector employer in 2000. The new employer had a cash based pension program – (aka Portable Pension) that continued till 2009. Both pensions are now frozen.
Defined benefit pensions existed for non union private sector employees AS THE NORM until about a decade ago. My father, an engineer, non-union, private sector, retired with a nice pension from Cubic Corp.
My pensions were frozen – but I’ll still get *something* when I retire. Not enough to live on… I wish they hadn’t frozen the pensions… especially the first one – the defined benefit one. But they did. It’s another in a long list of benefits that have been taken away for this private sector employee. It doesn’t make me angry at the folks who still have benefits/pensions… it makes me ENVIOUS for what I used to have.
March 22, 2011 at 8:13 AM #679522Participant[quote=CONCHO]Bitching about unions while the country is being gang-raped by corporate and financial interests is like complaining about mosquitoes while being eaten by a bear.[/quote]
I agree.
And on the topic of pensions… I’ve never worked public sector except an internship with the Nat’l weather service electronics tech shop one summer, while in college. Non-union. I’ve never been a union employee. That said – I had full, defined benefit pension with my private sector employer until we were acquired by another private sector employer in 2000. The new employer had a cash based pension program – (aka Portable Pension) that continued till 2009. Both pensions are now frozen.
Defined benefit pensions existed for non union private sector employees AS THE NORM until about a decade ago. My father, an engineer, non-union, private sector, retired with a nice pension from Cubic Corp.
My pensions were frozen – but I’ll still get *something* when I retire. Not enough to live on… I wish they hadn’t frozen the pensions… especially the first one – the defined benefit one. But they did. It’s another in a long list of benefits that have been taken away for this private sector employee. It doesn’t make me angry at the folks who still have benefits/pensions… it makes me ENVIOUS for what I used to have.
March 22, 2011 at 8:13 AM #680138Participant[quote=CONCHO]Bitching about unions while the country is being gang-raped by corporate and financial interests is like complaining about mosquitoes while being eaten by a bear.[/quote]
I agree.
And on the topic of pensions… I’ve never worked public sector except an internship with the Nat’l weather service electronics tech shop one summer, while in college. Non-union. I’ve never been a union employee. That said – I had full, defined benefit pension with my private sector employer until we were acquired by another private sector employer in 2000. The new employer had a cash based pension program – (aka Portable Pension) that continued till 2009. Both pensions are now frozen.
Defined benefit pensions existed for non union private sector employees AS THE NORM until about a decade ago. My father, an engineer, non-union, private sector, retired with a nice pension from Cubic Corp.
My pensions were frozen – but I’ll still get *something* when I retire. Not enough to live on… I wish they hadn’t frozen the pensions… especially the first one – the defined benefit one. But they did. It’s another in a long list of benefits that have been taken away for this private sector employee. It doesn’t make me angry at the folks who still have benefits/pensions… it makes me ENVIOUS for what I used to have.
March 22, 2011 at 8:13 AM #680276Participant[quote=CONCHO]Bitching about unions while the country is being gang-raped by corporate and financial interests is like complaining about mosquitoes while being eaten by a bear.[/quote]
I agree.
And on the topic of pensions… I’ve never worked public sector except an internship with the Nat’l weather service electronics tech shop one summer, while in college. Non-union. I’ve never been a union employee. That said – I had full, defined benefit pension with my private sector employer until we were acquired by another private sector employer in 2000. The new employer had a cash based pension program – (aka Portable Pension) that continued till 2009. Both pensions are now frozen.
Defined benefit pensions existed for non union private sector employees AS THE NORM until about a decade ago. My father, an engineer, non-union, private sector, retired with a nice pension from Cubic Corp.
My pensions were frozen – but I’ll still get *something* when I retire. Not enough to live on… I wish they hadn’t frozen the pensions… especially the first one – the defined benefit one. But they did. It’s another in a long list of benefits that have been taken away for this private sector employee. It doesn’t make me angry at the folks who still have benefits/pensions… it makes me ENVIOUS for what I used to have.
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